Just widowed. I get a pension check for $1114.00 a month I believe you have to take as much as 20% for taxes, but how do I know how much Federal tax to take out and how much State tax to take out. Who gets what??
Just widowed. I get a pension check for $1114.00 a month I believe you have to take as much as 20% for taxes, but how do I know how much Federal tax to take out and how much State tax to take out. Who gets what??
When my husband died I was furnished with a form with which to declare the number of dependents I had. His employer then did the math, same as a W-2.
Is that your question? Where do you get the 20% figure?
I've merged your threads. Please use the reply options for a follow-up. Do not start a new thread.
None of us can really answer this without knowing more about your situation. You should consult a tax professional to advise you.
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